What is Scotiabank’s Estimate for Cameco FY2026 Earnings?

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Scotiabank lifted their FY2026 earnings per share estimates for Cameco in a note issued to investors on Tuesday, October 13th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings per share of $1.21 for the year, up from their prior estimate of $1.17.

Cameco (TSE:CCO) (NYSE:CCJ) last issued its quarterly earnings data on Friday, July 31st. The company reported C$0.18 earnings per share (EPS) for the quarter. The business had revenue of C$813.77 million during the quarter. Cameco had a return on equity of 5.09% and a net margin of 10.21%.

Several other research firms have also recently weighed in on CCO. National Bank Financial set a C$185.00 target price on shares of Cameco and gave the company an “outperform” rating in a research note on Monday, October 5th. TD set a C$190.00 price objective on shares of Cameco and gave the company a “buy” rating in a report on Thursday, September 24th. Truist Financial raised shares of Cameco to a “strong-buy” rating in a research report on Monday, July 13th. Royal Bank Of Canada set a C$184.00 target price on shares of Cameco and gave the stock an “outperform” rating in a research note on Thursday, September 24th. Finally, UBS Group raised shares of Cameco from a “hold” rating to a “buy” rating and set a C$166.00 target price for the company in a report on Monday, July 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$179.89.

Cameco Stock Down 5.4%

Shares of CCO stock opened at C$115.99 on Thursday. The firm’s fifty day moving average price is C$132.36 and its two-hundred day moving average price is C$141.90. Cameco has a 1 year low of C$109.89 and a 1 year high of C$182.72. The company has a current ratio of 3.06, a quick ratio of 3.74 and a debt-to-equity ratio of 14.14. The firm has a market capitalization of C$50.52 billion, a P/E ratio of 143.20, a PEG ratio of 2.22 and a beta of 1.19.

About Cameco

Cameco is one of the largest global providers of the uranium fuel needed to power a secure energy future. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations, as well as significant investments across the nuclear fuel cycle, including ownership interests in Westinghouse Electric Company and Global Laser Enrichment. Utilities around the world rely on Cameco to provide global nuclear fuel solutions for the generation of safe, reliable, carbon-free nuclear power.